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African Development Bank

Exporting Raw Materials is ‘The Door to Poverty’, AfDB’s Adesina Warns

ABIDJAN, Cote d'Ivoire - Akinwunmi Adesina, the president of the African Development Bank (AfDB), has emphasized that internal investments within Africa are the key...

Nicolas Pompigne-Mognard Named Among 100 Most Influential Africans for 2nd Consecutive Year

JOHANNESBURG, South Africa – Nicolas Pompigne-Mognard, Founder and Chairman of APO Group, has been honoured as one of the 100 Most Influential Africans for...

Nigeria Launches Creative Economy Development Fund

ABUJA, Nigeria— In a bid to strengthen its burgeoning creative sector, Nigeria has announced the establishment of the Creative Economy Development Fund (CEDF) and...

African Development Bank Withdraws International Staff from Ethiopia Over Diplomatic Row

ABIDJAN, Cote D' Ivoire - The African Development Bank has announced the immediate withdrawal of all its international staff from Ethiopia. According to a press...

How Akinwumi Adesina Emerged AfDB President

Dr. Akinwumi Adesina has been re-elected to serve a second five-year term as President of the African Development Bank Group with 100 per cent...

Nigeria Seeks $1 Billion Bailout Loan From African Development Bank

Nigeria is in talks with the African Development Bank (AfDB) for a $1 billion loan to help cover its 2016 budget deficit, the finance...

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